Ledgers/ T- Accounts- Classifying Transactions- Urdu/Hindi - Cambridge Accounting 7707 / 9706

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What is a 'T-Account'
A T-account is “an informal term for a set of financial records that use double-entry bookkeeping.” The term T-account describes the appearance of the bookkeeping entries. If a large letter T were drawn on the page, the account title would appear just above the T, debits would be listed under the top line of the T on the left side and the credits would be listed under the top line of the T on the right side, with the middle line separating the debits from the credits.
BREAKING DOWN 'T-Account'
In double-entry bookkeeping, a widespread accounting method, all financial transactions are considered to affect at least two of a company's accounts. Because of this, the credits and debits on each side of the T account must match. If a bookstore sold $20 worth of books, it might debit its cash account $20 and credit its books or inventory account $20. This double-entry system shows that the company now has $20 more in cash and a corresponding $20 less in books.
“Every business transaction brings about at least a double change in the financial position of a business.”
These two changes may take place in any one or two basic elements of accounting.
THE IS NO EXCEPTION TO THIS PRINCIPLE

Debit Side??

POSITIVE Side for Business
Why?
Either Assets are Increasing
Or
Responsibility is Decreasing

Credit Side??

NEGATIVE Side for a Business
Why?
Either Assets are Decreasing
Or
Responsibility is Increasing